Last week more bullish than bearish, although COMP faded back near its 1HR1 by Friday. "Bullish: NYA holds YP 10302, COMP clears 1HR1 6311 (the only pivot resistance nearby on any of these indexes, see Dow set for details)."
Last week: 4 strong, 1 mixed.
This week: 4 indexes remain in long term up-trends, but 3 of those had reactions from medium term resistance. The mixed RTY set still under long term pivots but above both medium term pivots and exceeded AprR1.
Bullish: COMP holds 1HR1 6311, NQ and then COMPQ hold YPs, SPY, DIA, VTI make another try for AprR1s.
Bearish: COMP breaks 1HR1, NQ and perhaps COMPQ break YPs, SPY, DIA and VTI continue to drop from AprR1s.
SPX / SPY / ES
SPX weekly bar suggests drop, although not on any long term pivot level. SPY and ES daily charts including quarterly and monthly pivots show clear resistance at the AprR1s.
NDX / COMPQ / QQQ / NQ
NDX and COMPQ still above long term pivots. NQ again tested and held its YP; level to watch from here.
INDU / COMP / DIA / YM
Bad tick on the INDU low, but the weekly close high could be interesting level to watch for resistance. COMP back under its 1HR1 would add to bearish concern. DIA and YM clear resistance at the AprR1s.
RTY / IWM / TF
Looks like RTY and others could test its 1HP / YP combo, as IWM and TF cleared AprR1s on Friday.
NYA / VTI
NYA looking good too, above its AprR1. VTI looks more like SPY and DIA, 2 day top and then drop from monthly resistance.